Federal Realty OP LP Form 8-K — Oct 30, 2026
Federal Realty reported strong third quarter 2026 results, with diluted EPS of $0.74 versus $0.69 a year ago and Nareit/Core FFO per share of $1.87, up 5.6% year-over-year. Operating leverage was evident in 14% cash and 25% straight-line rent spreads on 532,220 square feet of comparable leases signed. The company raised and tightened full-year 2026 Core FFO guidance to $7.54-$7.58 per diluted share, implying over 7% growth at the midpoint, and tightened EPS guidance to $4.23-$4.27. Occupancy held at 93.8% with the leased rate up 110 basis points year-over-year to 96.5%.
Key figures
- Eps
- 0.74
- Revenue
- 339024000
- Guidance
- 2026 Core FFO per diluted share raised to $7.54-$7.58 (from $7.48-$7.56); EPS guidance tightened to $4.23-$4.27
- Net Income
- 64161000
- Total debt
- $4.88B
- Occupancy pct
- 93.8
- Buyback shares
- 869748
- Leased rate pct
- 96.5
- Buyback avg price
- 108.82
- Core ffo per share
- 1.87
- Operating income q3
- $116.9M
- Cash rent spread pct
- 14
- Dividend per share q
- 1.16
- Nareit ffo per share
- 1.87
- Core ffo growth yoy pct
- 5.6
- Summit acquisition price
- $508.0M
- Comparable poi growth pct
- 2.5
- Exchangeable notes issued
- $460.0M at 3.50% due Aug 15, 2031
- Straight line rent spread pct
- 25
AI analysis
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